Richmond Mortgage Inc. is a Richmond, Virginia Direct Lender. They loan funds for Single Family Residences, Small Apartment Units and Commercial Real Estate. They do not require a credit application, no minimum loan amounts within Richmond, LTV from 50% to 90%, Interest-Only 14% APR rates, eight-month loans, with extensions available and no upfront closing fees or points. They require simple documentation, including property address, purchase price, rehabilitation list and an exit strategy.